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Boulder Homes Increased by $107 a Day for the Last Decade

Pro Builder

Colorado homeowners are raking in significant equity, but they're not the only ones benefitting from a decade of record home price appreciation across the U.S. Over the past 10 years, homeowners in Boulder, CO saw equity gains averaging $107 a day, and other mid-sized metros like Naples, Fla. Thu, 10/13/2022 - 10:50.

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How One Designer Changed ADU Construction, Saving Builders Thousands

Pro Builder

One East Los Angeles native-turned-landlord became frustrated with the struggle to create smart yet low-cost housing solutions and turned to accessory dwelling units as a solution. ADU construction can upwards of $350,000, but Navarro’s system totals up to less than $100,000, reports the Los Angeles Times. cbroderick.

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Quarter of Wealth Gap Between Latino-White Households Comes from Housing

Pro Builder

This concentration means that while at a national level the home equity carried by Latinx homeowners may appear to be roughly equal to white homeowners, that is only an illusion. in Los Angeles, widest among the 50 metros analyzed in this work. And the gap in major metros is often higher, reaching as high as 35.3%

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Out-Of-Town Buyers Are Flocking to Philadelphia With Big Budgets, and Locals Can’t Keep Up

Pro Builder

Cash-strapped out-of-town buyers backed by coastal salaries and equity wealth are flocking to Philadelphia to purchase affordable homes, and locals can’t compete. Fri, 07/29/2022 - 10:32. Buyers are relocating to Philadelphia from coastal job centers and spending 40% more on homes than locals. Read more.

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Tapping LA’s Rooftop Solar Potential Could Benefit City’s Most Disadvantaged Communities

Business Facilities

The report finds that expanding the program to 600 megawatts will help Los Angeles achieve a state mandate to generate a third of its energy from renewable resources by 2020. Areas identified as “hot spots” include the San Fernando Valley, Downtown Los Angeles and the region surrounding the Port ofLos Angeles.

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Converting downtown office into multifamily residential: Let’s stop and think about this

BD+C

Does the idea of repurposing a massive amount of professional and business office space fly in the face of everything the country, and specifically Los Angeles, has been trying to achieve with downtown revitalization over the last 25 years? As the community plan for Downtown Los Angeles—also known as DTLA2040—states, “Downtown is.

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Cities Where Homeownership is More Affordable Than Renting

Pro Builder

While renting offers flexibility and convenience, homeownership begins equity and can offer lower taxes. San Francisco, New York, San Jose, Seattle and Los Angeles are all in the top 10 of this study, and are all among the most populous cities in the country. SmartAsset analyzed the 50 largest U.S. Key Findings. The largest U.S.